The following research report contains market research, analysis, statistics and business intelligence relating to research on Footwear Industry In Germany.

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ABSTRACT
Germany remains the largest footwear market in Europe, and after the United States, the second largest footwear market in the world, with a value in 1999 of DM 6.3 billion USD 3.4 billion. The market has undergone a 4.7% decline since 1998 and a 25% downturn since 1992. Unlike other markets, such as apparel, the German footwear market does not show any stabilizing or rising indicators.

The local German shoe manufacturing industry is currently suffering from low demand for its comparatively high-priced products. The steady decrease in local production is primarily caused by the comparatively low cost of labor in other countries. While German workers earned an average of DM 22 USD11 per pair of shoes manufactured in 1999, Portuguese workers earned DM 17 USD9, and Indonesian workers DM 12 USD6. German firms find it increasingly difficult to compete with supplier countries whose lower production costs allows them to bring their products to market at much lower prices. Footwear imported from developing countries, such as China and Vietnam, and from southern European countries, such as Italy and Spain, is highly competitive in the German shoe market, as they are worldwide.

As inexpensive labor has allowed a number of Asian nations to take over large shares of the German shoe market, the competitive strain has forced many German shoe manufacturers out of business or, to move production facilities abroad. While 188 shoe manufacturing operations were registered in Germany in 1993, only 151 existed as of mid-2000, a 20% decrease in the number of German shoe manufacturers.

DISCLAIMER
Information in this report relies on sources including Government Publications, Opinions of industry experts and other public sources. Infomat can accept no responsibility for the accuracy or completeness of such information or for loss or damage caused by any use thereof. All prices subject to change without notice.

$3500 USD
For the 2008 Edition

Published: 2006 August
Market: Womens
Region: Germany
Industry: Apparel Textiles
Pages: 45
Delivery: 7-12 Business Days
SKU: infre0000215